View/Open - University of Zululand Institutional Repository
View/Open - University of Zululand Institutional Repository View/Open - University of Zululand Institutional Repository
human capital is the skill and knowledge level ofthe workforce, as well as their health. The higher the quality of human capital, the higher the productivity as workers adapt more effectively to new technologies and learn to perfect their respective specialised jobs. Actual skill levels, as opposed to education qualifications, are now seen as powerful drivers of economic growth [www.tutor2u.net/revision. (2007)]. This study accepts the notion that growth occurs because ofan increase in the quantity and/or quality of factor resources. The research further agrees with this model on the grounds that innovation is a major determinant of growth and development ofthe study area. Innovation helps to lower costs and also creates new markets, a source ofdemand, revenue and profits for businesses in the domestic and international economy. 3.3,6 Dependency tbeory This theory looks at the ever-widening gap because of the reliance of developing nations on developed nations. According to this theory the process of international trade and domestic development made some developing countries economically dependent on developed countries. The theory sees the solution to this crisis in the break-up of the world capitalist system and the elimination of world debt. Within this model underdevelopment is attributed to fwww.mtholyoke.edulacad/intrelldepend.htm. (2008)]: • Unequal power relationships between rich developed capitalist countries and poor developing ones; • The dominance of world economic powers over developing countries via the capitalist system; • The technological and industrial advantage of dominant developed countries which ensures that the developed countries always work in their o\\,n self interest (Brett et aI., 2005) The dependency theory uses political and economic theory to explain ho\\, the process of international trade and domestic development makes some less developed countries evermore economically dependent on developed countries [www.tutor2u.netJrevision, (2007)J. What is 71
significant in this research work is the acknowledgement ofthe unhealthy trade relations that have long favoured the developed at the expense ofdeveloping countries due to the relatively cheaper unprocessed exports compared to their comparatively more expensive processed imports. This study therefore advocates for the processing ofall potential raw materials in the study area before export to create a favourable trade balance in the economy of places such as Ulundi. 3.3.7 The Millennium Development Goals The beginning ofthe new Millennium (the Year 2000), marked a time ofglobal introspection to proactively engage the world on the agenda of development [Refer to Table 3.1]. The United Nations organized the Millennium Summit in New York, in September 2000 to address the on-going quality oflife issues ofdeveloping countries. Table 3.1: Summary ofthe Millennium Development Goals and their targets Millennium Development Goals I Millennium Development targets I. Eradicate extreme poverty and I. and 2. Between 1990 and 2015; halve the proportion of hunger people: with less than US$I a day. 2. Achieve universal primary 3. By 2015, all boys and girls to complete the full course of education i primary school. 3. Promote gender equality and i 4. Eliminate gender disparity up to secondary educatIOn, I empower women I preferably by 2005, and to all levels no later than 2015. 4. Reduce child mortality I 5. 1990-2015; reduce by two-thirds the under-five mortality irate. 5. Improve maternal health ; 6. 1990-2015; reduce three-quarters the maternal mortalitv I • I ratio. 16. Combat HIV/aids. malaria and i 7. and S. By 2015. halt and begin to reverse; the spread of i other diseases i Aids; the incidence ofmalaria and other major diseases. 7. Ensure environmental i 9. to 11. Integrate principles of sustainable development into' sustainability ! policies by 2015. Halve number of people without water and ; I , i sanitation; Improve lives of 100 million slum dwellers by ! I i 2020. Is. Develop a global partnership for i 12 to IS. Just trading and finance; have debt control; Have I development ! youth strategies in place; Provide affordable drugs; benefits to i new technologies, . Source: Brett et aI., (2005): Geography for all, 11 learner's book, Geography outcome-based NCS edition. Braamfontein: Macmillan S.A (Ply) Ltd. 226 72
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significant in this research work is the acknowledgement <strong>of</strong>the unhealthy trade relations that<br />
have long favoured the developed at the expense <strong>of</strong>developing countries due to the relatively<br />
cheaper unprocessed exports compared to their comparatively more expensive processed<br />
imports. This study therefore advocates for the processing <strong>of</strong>all potential raw materials in the<br />
study area before export to create a favourable trade balance in the economy <strong>of</strong> places such as<br />
Ulundi.<br />
3.3.7 The Millennium Development Goals<br />
The beginning <strong>of</strong>the new Millennium (the Year 2000), marked a time <strong>of</strong>global introspection<br />
to proactively engage the world on the agenda <strong>of</strong> development [Refer to Table 3.1]. The<br />
United Nations organized the Millennium Summit in New York, in September 2000 to<br />
address the on-going quality <strong>of</strong>life issues <strong>of</strong>developing countries.<br />
Table 3.1: Summary <strong>of</strong>the Millennium Development Goals and their targets<br />
Millennium Development Goals I Millennium Development targets<br />
I. Eradicate extreme poverty and I. and 2. Between 1990 and 2015; halve the proportion <strong>of</strong><br />
hunger people: with less than US$I a day.<br />
2. Achieve universal primary 3. By 2015, all boys and girls to complete the full course <strong>of</strong><br />
education i primary school.<br />
3. Promote gender equality and i 4. Eliminate gender disparity up to secondary educatIOn,<br />
I empower women I preferably by 2005, and to all levels no later than 2015.<br />
4. Reduce child mortality I 5. 1990-2015; reduce by two-thirds the under-five mortality<br />
irate.<br />
5. Improve maternal health ; 6. 1990-2015; reduce three-quarters the maternal mortalitv<br />
I •<br />
I ratio.<br />
16. Combat HIV/aids. malaria and i 7. and S. By 2015. halt and begin to reverse; the spread <strong>of</strong><br />
i other diseases i Aids; the incidence <strong>of</strong>malaria and other major diseases.<br />
7. Ensure environmental i 9. to 11. Integrate principles <strong>of</strong> sustainable development into'<br />
sustainability ! policies by 2015. Halve number <strong>of</strong> people without water and ;<br />
I<br />
, i sanitation; Improve lives <strong>of</strong> 100 million slum dwellers by !<br />
I i 2020.<br />
Is. Develop a global partnership for i 12 to IS. Just trading and finance; have debt control; Have<br />
I development ! youth strategies in place; Provide affordable drugs; benefits to<br />
i new technologies, .<br />
Source: Brett et aI., (2005): Geography for all, 11 learner's book, Geography outcome-based<br />
NCS edition. Braamfontein: Macmillan S.A (Ply) Ltd. 226<br />
72